NASDAQ$NMFC
New Mountain Finance Corporation · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Net investment income and dividend distribution were announced.
New Mountain Finance Corporation reported a net investment income of $0.31 per share for the second quarter. The board of directors declared a third quarter distribution of $0.30 per share.
- Reported Q2 Net Investment Income of $0.31 per share, exceeding prior guidance.
- Over 90% of the portfolio was rated green on the risk rating scale.
- Generated $103.8 million of originations in four new portfolio companies.
- Generated $116.6 million of originations, including commitments for follow-on investments in nineteen portfolio companies.
Headline financials
Revenue & EPS history
NMFC · Revenue · Quarterly
$73.1M
Revenue by segment
NMFC · $3.07B total across 5 segments · Q2 2022
- First Lien$1.86B—60.6%
- Second Lien$603M—19.7%
- Common Equity and Other$374M—12.2%
- Preferred Equity$177M—5.8%
- Subordinated$56M—1.8%
Forward guidance
The company expects Q3 Net Investment Income will be at least $0.30 per share and is confident that Net Investment Income will continue to meet or exceed the quarterly dividend for the foreseeable future.
Tailwinds
- Expectation that Q3 Net Investment Income will be at least $0.30 per share.
- Outlook for consistent operating performance
- Rising interest rate environment
- Continued support from the investment advisor
- Confident that Net Investment Income will continue to meet or exceed quarterly dividend for the foreseeable future.
Headwinds
- Statements included herein may contain “forward-looking statements”, which relate to our future operations, future performance or our financial condition.
- Forward-looking statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties, including the impact of COVID-19, the current conflict between Russia and Ukraine, and related changes in base interest rates and significant volatility on our business, portfolio companies, our industry and the global economy.
- Actual results and outcomes may differ materially from those anticipated in the forward-looking statements as a result of a variety of factors, including those described from time to time in our filings with the Securities and Exchange Commission or factors that are beyond our control.
- New Mountain Finance Corporation undertakes no obligation to publicly update or revise any forward-looking statements made herein, except as may be required by law.
- All forward-looking statements speak only as of the time of this press release.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q2 2022
-0.2%
Avg return
Earnings day
-0.2%
Avg return
5 days after
+0.0%
Avg return
30 days after
56%
10 / 18 earnings
Positive
+4.3%
Q1 2025
Best reaction
-4.3%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.6% | -3.7% | -8.8% | |
| Q4 2025 | -4.3% | -4.5% | -8.1% | |
| Q3 2025 | +0.2% | -0.5% | +0.4% | |
| Q1 2025 | +4.3% | +6.7% | +9.4% | |
| Q3 2024 | +0.4% | -5.1% | +4.9% | |
| Q2 2024 | -1.0% | -4.5% | -1.5% | |
| Q1 2024 | +0.0% | -0.4% | -0.8% | |
| Q4 2023 | +1.8% | +0.7% | -0.9% | |
| Q3 2023 | +2.7% | +1.4% | +3.1% | |
| Q2 2023 | +0.5% | +3.1% | +0.9% | |
| Q1 2023 | +0.5% | +2.6% | +7.5% | |
| Q4 2022 | -1.7% | -0.6% | -5.1% | |
| Q3 2022 | -3.0% | +0.3% | +1.0% | |
| Q2 2022 | +0.7% | +2.5% | -0.3% | |
| Q1 2022 | -2.7% | -5.4% | -2.9% | |
| Q4 2021 | +1.0% | +1.6% | +2.4% | |
| Q3 2021 | -1.8% | -0.5% | -3.3% | |
| Q4 2020 | +0.2% | +2.3% | +3.0% |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro